Properties / 181 N Perrigo Court
FHA ASSUMABLERate: 3.06%

181 N Perrigo Court

$299,000
Maricopa, AZ 85139
5 beds3 baths2,048 sqftSingle Family
The assumable advantage
3.06%
FHA assumed rate
$41,716 interest already paid off
Estimated Loan Balance$244,695
Cash to close$55,394
Est. Monthly PITI$1,522
Initial Loan Amount$274,928
Time on site40 days
Remaining Term24 years, 9 months
Seller's equity (what you pay)
$54,305
Cash or secondary financing
Monthly savings
$587
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Room to breathe, wide-open views, and space to make your own! This 5-bedroom, 3-bath home offers approximately 2,048 sq. ft. on 1.91 acres in a peaceful cul-de-sac setting. Vaulted ceilings create an open feel, while the kitchen provides a pantry, built-in microwave, electric range, and generous workspace. The primary suite includes dual sinks, a separate tub, and shower. Enjoy mountain views, Arizona sunsets, RV access and parking, storage, and plenty of outdoor space. Home is in good condition. Seller prefers cash or conventional financing for a streamlined transaction.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $54,305. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms5
Bathrooms3
Square feet2,048
Property typeSingle Family
MLS #7060632
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$1,176/mo
Source est. payment (PITI)
$1,522/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$54,305

Asking price minus remaining loan balance. Closing costs are additional.

$0$54,305
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.